January 9, 2023. Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, has appointed Jeffrey A. (Jay) Craig as the new Chairman of the Board. Effective December 12, 2022, Craig succeeds Ed Olkkola, who recently passed away after a courageous battle with cancer.
“I am honored to step into this role as Hyliion makes further advancements along its commercialization path and looks ahead at production later this year. Hyliion’s mission of transforming commercial trucking through innovative electrification solutions is both ambitious and necessary. I look forward to continuing to strategically support the company, its talented team, and its vision of a net-carbon-negative transportation industry in this new capacity,” said Jay Craig.
The Hyliion® Hybrid solution, designed for Class 8 CNG and diesel commercial trucks, can provide fuel savings or performance improvements via Hyliion’s battery-powered electric hybrid powertrain, which also includes built-in auxiliary power unit, or APU, capability.
Combined with Hyliion’s proprietary software, this comprehensive solution enables fleets to maximize operational performance and advance their ESG goals.